Apple May Refund $400M In Digital Book Settlement

WochitJul. 16, 2014. 11:58 AM EST

Apple will refund up to $400 million to consumers ensnared in a plot to raise the prices of digit...
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Apple will refund up to $400 million to consumers ensnared in a plot to raise the prices of digital books unless the company gets a court to overturn a decision affirming its pivotal role in the collusion. The settlement bill emerged in a Wednesday court filing made a month after attorneys suing Apple notified U.S. District Judge Denise Cote in New York that an agreement had been reached to avoid a trial over the issue.
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